Otis' Flagship Product Reaches 100,000 Order Milestone

Otis' Flagship Product Reaches 100,000 Order Milestone

October 16, 2007

    FARMINGTON, Conn., Oct. 16 /Xinhua-PRNewswire/ -- Otis
Elevator Company, a unit of United Technologies Corp.
(NYSE: UTX), recently sold its 100,000th Gen2(R) elevator,
making the environmentally friendly system the fastest
selling product in company history.

    "We are delighted that Otis continues to lead the
machine-roomless market with our environmentally
responsible, energy-efficient and space-optimizing Gen2
elevator system," said Otis President Ari Bousbib.
"Our award-winning Gen2 product line allows developers
and owners to lower building costs and increase rentable
space." 

    Since its launch in 2000, the Gen2 product line has
expanded to cover applications from low-rise residential to
high-rise office buildings. The Gen2 system features Otis'
patented flat, polyurethane-coated steel belts and an
energy-efficient permanent magnet gearless machine. The
system uses half the energy of conventional geared
machines. When used in conjunction with Otis' regenerative
drives, the Gen2 elevator's energy efficiency increases
even further, delivering a combined energy savings of up to
75 percent. The system is also cleaner for the environment
since its coated-steel belts and gearless machine do not
require any additional lubrication.

    The Gen2 system continues to be acclaimed worldwide for
its environmental benefits. Among the many awards
recognizing this innovative system, Otis was the first
elevator company to receive the "Green Product
Award" from the China Environmental Protection
Foundation, a non-government group dedicated to protecting
the environment. The Gen2 system was named one of Spain's
"100 best ideas" in the social responsibility
category by the country's leading business magazine,
Actualidad Economica. The system was also recognized as one
of China's "Top 10 Architectural Science and Technology
Achievements," the most prestigious award in China's
construction industry, and has earned a "Korea Green
Management Excellence Award." 

    In addition to its environmental benefits, the Gen2
system's compact machine offers flexibility in building
design. The system also delivers superior ride quality and
smooth, quiet operation with outstanding leveling accuracy.
Its long-lasting coated steel belts, smooth crowned sheaves
and a reduction in the gearless machine's moving parts have
dramatically increased durability and lowered operational
noise.

    Otis Elevator Company is the world's largest
manufacturer and maintainer of people-moving products
including elevators, escalators and moving walkways. With
headquarters in Farmington, Connecticut, Otis employs
61,000 people, offers products and services in more than
200 countries and territories and maintains 1.5 million
elevators and escalators worldwide. United Technologies
Corp., based in Hartford, Connecticut, is a diversified
company providing high technology products and services to
the building and aerospace industries. For more information
on the Gen2 product line, please visit
http://www.otisgen2.com .


    For more information, please contact:

     Tizz Weber, Director
     Communications of Otis Elevator Company
     Tel:    [phone]
     Email:  [e-mail]